ISS Discusses SEC’s $153 Million Fair Fund Payout to Investors in Mortgage-Backed Security Offering

By Jarett Sena August 15, 2023 by Jarett Sena

Investors of RBS Securities Inc.’s multi-billion 2007 subprime mortgage-backed security offering – Soundview Home Loan Trust 2007-OPT1 – will soon be eligible to receive payment from the SEC’s $153.7 million fair fund.

The SEC first commenced its case in 2013 …

ISS Discusses Wells Fargo’s Historic $1 Billion Settlement With Investors

By Jarett Sena June 1, 2023 by Jarett Sena

Investors’ $1 billion tentative settlement – a Top 20 settlement of all time if approved – comes in the wake of years of scandal and resolves allegations that the bank concealed its inability to clean up its act. Prior scandals …

ISS Discusses the Largest Class Action Settlements of 2022

By Jeff Lubitz and Jarett Sena January 10, 2023 by Jarett Sena

In a remarkable year of class action activity, investors across the globe agreed to settlements totaling over $7.4 billion^[1] in 2022, a greater than 75% increase from 2021. (A substantive year in review for the U.S. market will be

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ISS Discusses Dell’s $1 Billion Top-20 Settlement of Shareholder Lawsuit

By Jeff Lubitz and Jarett Sena December 9, 2022 by Jarett Sena

On November 16, 2022, Dell Technologies Inc. reached a $1 billion settlement with shareholders, according to a recently filed 8-K filed with the U.S Securities and Exchange Commission. The announced agreement looks to resolve investors’ allegations that they were short-changed

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The CLS Blue Sky Blog

Columbia Law School's Blog on Corporations and the Capital Markets

Jarett Sena

ISS Discusses SEC’s $153 Million Fair Fund Payout to Investors in Mortgage-Backed Security Offering

ISS Discusses Wells Fargo’s Historic $1 Billion Settlement With Investors

ISS Discusses the Largest Class Action Settlements of 2022

ISS Discusses Dell’s $1 Billion Top-20 Settlement of Shareholder Lawsuit